January renewals inch forward but US progress delayed amid reshaping of terms
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January renewals inch forward but US progress delayed amid reshaping of terms

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January catastrophe renewals are inching forward in the post-Hurricane Ian hard market, with major rate increases and restructuring of terms shifting in reinsurers favor.

Firm-order terms are trickling through now, particularly in Europe, but the renewal remains significantly delayed and is still in the price discovery process.

The

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